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Pricing

2022
Exports $431MWorld Rnk 17 / 180
Flag Rnk 163 / 1216
2022
Destination $10.8M China
2021 - 2022
FASTEST GROWING MARKET $10.8MUnited States
2022
PRODUCT COMPLEXITY IN Malt Extract0.015Rnk 542 / 1025
2022
Imports $868MWorld Rnk 4 / 224
Flag Rnk 149 / 1214
2022
Origin $43.4M France
2021 - 2022
FASTEST GROWING ORIGIN $43.4MIreland
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $431M in Malt Extract, making it the 17th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 163rd most exported product in United Kingdom. The main destination of Malt Extract exports from United Kingdom are: China ($68.9M), Ireland ($56.7M), France ($45.2M), Netherlands ($28.7M), and United States ($22.7M).

The fastest growing export markets for Malt Extract of United Kingdom between 2021 and 2022 were United States ($10.8M), Angola ($6.28M), and Thailand ($4.46M).

Imports In 2022, United Kingdom imported $868M in Malt Extract, becoming the 4th largest importer of Malt Extract in the world. At the same year, Malt Extract was the 149th most imported product in United Kingdom. United Kingdom imports Malt Extract primarily from: France ($214M), Ireland ($172M), Germany ($99.2M), Netherlands ($67.5M), and Belgium ($58.5M).

The fastest growing import markets in Malt Extract for United Kingdom between 2021 and 2022 were Ireland ($43.4M), Netherlands ($19.7M), and Germany ($11.9M).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (216) and Busa Distribution Center (83) were at the forefront of shipping Malt Extract from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Malt Extract exports accounted up to £42.8M and imports accounted up to £76.8M, resulting in a negative trade balance of £34M. Between June 2023 and June 2024 the exports of United Kingdom's   Malt Extract have increased by £1.11M (2.66%) from £41.7M to £42.8M, while imports increased by £5.7M (8.02%) from £71.1M to £76.8M.

Destinations In June 2024, Malt Extract were exported mostly to Ireland (£9.35M), China (£7.46M), Netherlands (£3.15M), Canada (£2.41M), and United States (£2.38M), and were imported mostly from France (£26.1M), Germany (£12M), Ireland (£10.1M), Netherlands (£6.04M), and Belgium (£4.37M).

Growth In June 2024, the increase in Malt Extract's year-by-year exports was explained primarily by an increase in exports to Ireland (£1.73M or 45.9%), Netherlands (£1.62M or 107%), and United States (£775k or 141%). In June 2024, the increase in Malt Extract's year-by-year imports was explained primarily by an increase in imports from Ireland (£5.05M or 62.7%), Belgium (£4M or 93.3%), and Netherlands (£3.33M or 111%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£1.11M(2.66%)
IMPORT GROWTH (June 2023 - June 2024)£5.7M(8.02%)
MAIN EXPORTER (June 2024)Liverpool£8.9M
MAIN DESTINATION (June 2024)Ireland£9.35M

This section shows Malt Extract's exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Malt Extract over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$431M
IMPORTS (2022)$868M
NET TRADE (2022)-$437M

In 2022, United Kingdom exported $431M in Malt Extract. The main destinations of United Kingdom exports on Malt Extract were China ($68.9M), Ireland ($56.7M), France ($45.2M), Netherlands ($28.7M), and United States ($22.7M).

In 2022, United Kingdom imported $868M in Malt Extract, mainly from France ($214M), Ireland ($172M), Germany ($99.2M), Netherlands ($67.5M), and Belgium ($58.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$10.8M (90.8%)
Angola$6.28M (2.04k%)
Thailand$4.46M (82.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY United Kingdom WERE (2021 - 2022):
Ireland-$15.1M (-21.1%)
China-$13.1M (-16%)
Australia-$6.35M (-51.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Malt Extract were:
Netherlands $3.83B
Germany $2.29B
France $2.23B
In 2022, United Kingdom's main importing competitors in Malt Extract were:
China $4.66B
United States $1.39B
Germany $876M

Explore Visualizations

Trade Value of Malt Extract by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $32.7M
TOP IMPORT POTENTIALNetherlands+ $34.3M

Malt Extract’s highest export potential is China. With an export gap of $32.7M.   Malt Extract’s highest import potential is Netherlands with an import gap of $34.3M.

See methodology.

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